Bank of North Dakota and State Investment Board expect to finalize terms of an expanded BND In-State Investment Program in upcoming weeks.
Bismarck, N.D. – The North Dakota State Investment Board (SIB) reviewed Phase I of a study to expand the Legacy Fund in-state investment program. This study will highlight the expected benefits and costs of potentially expanding Legacy’s existing in-state program including the projected returns, risks, size and governance structure. In recent months, the SIB and Advisory Board received info...